Issue details

Equity share purchase of remaining shares - 17 Angelica Road

Recommendation to sell the remaining 50% shares to the lessee and to transfer the freehold

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: Stoughton North;

Notice of proposed decision first published: 26/09/2024

Explanation of anticipated restriction:
None

Decision due: 28 Oct 2024 by Joint Strategic Director Housing Communities and Environment

Lead member: Leader of the Council and Lead Councillor for Housing

Lead director: Joint Assistant Director: Housing Services

Contact: Siobhan Rumble, Interim Executive Head of Neighbourhood Housing Siobhan Rumble Housing Email: siobhan.rumble@guildford.gov.uk.

Consultation process

No requirement

Authority / Delegation: Scheme of Delegation to Officers 24 July 2024 Paragraph 2.3.4 To dispose of land and buildings, whether leasehold, freehold or shared ownership held in the Housing Revenue Account: (1) up to 0.2 hectares in area and which is less than £200k in value or, (2) where the council is statutorily obliged to dispose in accordance with relevant legislation. (a) the Council to receive best consideration (b) the purchaser must pay all the Council’s costs in relation to the sale (c) all consents being received

Decisions